Tuesday, August 26, 2014

This Paradox Might Personally Cost You One Billion Dollars

So you've decided you want to be an entrepreneur. You've read all those motivational articles about billionaire entrepreneurs who've failed in the past. You feel confident in your resilience. Your thinking goes: "Even if I fail, I will surely keep at it, keep developing new businesses. Success is bound to occur thanks to the law of averages, if nothing else!" You are right, young padawan! Indeed, you are right! via unsplash.com You've gone ahead and chosen a hot industry (hopefully the mobile one) and you've assembled a competent team around you. You're ready to go! Well, let me give you one last piece of information before you hit the road. Let me share with you the last piece of the puzzle, the billion-dollar (let's aim high) paradox nobody talks about. And you'll never become a billionaire if you don't understand this paradox! Understand it, use it and big wealth will be one step closer to you! But first thing's first: let's set up a bit of context. We need to analyze how the business game works, understand the hidden shadowy workings of the game and truly comprehend how its players interact with each other. We'll do this by first listing a few minor paradoxes which all lead to the big one. Ready? Set? Let's go.

Paradox #1: Entrepreneurs Hate Jobs

Yes, they do. Entrepreneurs are generally not businessmen or managers. Take a typical businessman for a second. He enjoys having a 9-to-5 job. He thrives in that sort of corporate environment. Almost all businessmen love departmentalization. They love to have small plaques on doors with abbreviations such as H.R. or R & D, and they really enjoy working with accountants. That's business folks for you. Don't get me wrong. I appreciate businesspeople. And while we a [...]

No comments:

Post a Comment